Thursday 30 September 2010

UK Solar Feed-in Tariff Explained

The UK Feed-in Tariff, or Clean Energy Cashback, for solar energy, explained.

The UK 'Feed-in Tariff' is a government backed policy to encourage the uptake of renewable energy in the UK.

Instead of providing a grant to help you buy a solar system, the 'Feed-in Tariff' rewards you for the amount of energy you generate, regardless of whether you consume the electricity or not. The scheme also provides an additional payment for any electricity you export.

Under the Feed-in Tariff, an average home in the UK, with a 2.5kWp (21M2) system installed can earn around £900 a year generating and exporting its own solar electricity. You can also save around £130 a year on your electricity bill.

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